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Orlando Real Estate Report | January 2010
27 February 10 04:19 PM | Lee Rosa | 0 Comments   
Orlando's overall median price drops as bank-owned and short sales continue to dominate closing ORLANDO -- An ORRA record: 73.42% of closings are either bank-owned or short sales 26.58 % worth of normal sales to buoy the area's overall median Read More...
Orlando Market Pulse | from OBJ.
27 February 10 03:49 PM | Lee Rosa | 0 Comments   
The Orlando market continued to see the number of home sales jump while values declined in January, said a report by the Florida Realtors . Florida Realtors sold 1,745 existing single-family homes last month, up nearly 55 percent from 1,127 sold in January Read More...
Interest Rates Due to RISE.
01 February 10 02:42 PM | Lee Rosa | 0 Comments   
There was major economic news on many fronts this week, with mixed results for mortgage markets. The Fed statement essentially followed the expected script, demand was strong for the Treasury auctions, and much of the economic data released during the Read More...
Orlando prices hit 8-year low | March 2001 Level
13 December 09 11:26 AM | Lee Rosa | 0 Comments   
The last time Orlando-area home prices were as low as now, it was the year George W. Bush first took office, terrorists attacked the World Trade Center and Apple released the iPod. Last month the number of existing-home sales doubled from a year ago as Read More...
Homes Under Contract UP | Values Down
03 September 09 12:25 PM | Lee Rosa | 0 Comments   
Existing single-family home and condominium sales continued to grow in August in the Orlando market, but values keep falling. Condo resales in the Orlando area totaled 377 in June, a 181% Difference sold in the month a year prior. The median price, however, Read More...
A Buyers and Sellers Guide to Multiple Offers by NAR
14 August 09 08:39 PM | Lee Rosa | 0 Comments   
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Why Are You Selling in THIS Market?
16 May 09 04:06 PM | Lee Rosa | 0 Comments   
Are you a homeowner who is still unwilling to come to grips with the reality of our Central Florida Real Estate market? According to a new survey by Zillow, finds 60 percent believe their homes lost value in the last year, up from 57 percent in February Read More...
Owners' heartbreak | Buyers' Bargain
25 March 09 07:38 AM | Lee Rosa | 0 Comments   
Great News for Today's Homebuyers... 45,000 area homes are in some stage of foreclosure and now the term Cash is King has an all new reality... Did you know that parts of Orlando home sales are up 120% in the first quarter (January to March) from Read More...
Cash is King
21 January 09 10:23 AM | Lee Rosa | 0 Comments   
The investors are BAAAAAACK!!! Most investors must wait for the credit crunch to end however, those with cash on-hand can capitalize on the Hottest Buyers Market that America has seen since 2003. Cash offers allow an investor to have the upper hand in Read More...
Short Sales in Central Florida
09 January 09 02:16 PM | Lee Rosa | 0 Comments   
Did you know? From January 2004 - January 2006 - 27% of homes purchased had less than 5% as a down payment… 19% with 0% down! 31% of all mortgages issued were to consumers that utilized some sort of alternative lending program. Benefits of Short Read More...
The BEST Agent in Orlando?
24 December 08 05:17 PM | Lee Rosa | 0 Comments   
I was declared one of the best real estate agents in Central Florida, by Five Star. To see the survey click here . The methodology can be seen here . If you haven't worked with my team yet - you will inevitably see, how much I care about you and your Read More...
11 Reasons to List During the Holidays
06 December 08 10:51 AM | Lee Rosa | 0 Comments   
People who look for a home during the Holidays are more serious buyers! Serious buyers have fewer houses to choose from during the Holidays and less competitions means more money for you! Since the supply of listings will dramatically increase in January, Read More...
Ben Bernanke's Speech
04 December 08 06:15 PM | Lee Rosa | 0 Comments   
The Future of Mortgage Finance in the United States I appreciate the opportunity to speak at this symposium. My remarks will focus on the mortgage securitization process, how it has been affected by the financial crisis, and how it may evolve in response Read More...
How to Sell in THIS Market
03 December 08 12:45 PM | Lee Rosa | 0 Comments   
Believe me I understand that getting a home sold in today's market is a tough racket. Our neighborhoods are flooded with foreclosed and pre-foreclosure (short sales) homes that are heavily discounted. There are nearly 3,200 repossessed homes on the Read More...
Great Article on Reverse Mortgages ...
03 November 08 12:43 PM | Lee Rosa | 0 Comments   
This is from an interesting article I read in Kiplinger Magazine ... Reverse Mortgages Get Better New rules allow seniors to borrow more and even buy a new home. By Mary Beth Franklin , Senior Editor, Kiplinger's Personal Finance October 29, 2008 Read More...
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